- The new owner of 520 Florida Ave. NW hopes to lure a sports bar. (Photo: TBD Staff)
Here's an address to keep an eye on in the LeDroit Park area: 520 Florida Ave. NW.
Prolific area property owner Abbas Fahti purchased the building, along with the adjoining properties on the lot all the way through 512 Florida Ave. NW, from Howard University in June (property records list the final purchase price at $500,000). The corner property most recently housed a liquor store, but it's been sitting empty for at least two years. A construction crew is already busy clearing out debris.
Fahti says he plans to convert the second floor into three new rental units, two one-bedroom apartments and one two-bedroom, as well as build out the entire ground floor into one long space that he hopes will be some kind of cafe, or even better, a sports bar. There's no definite plans or tenant lined up at this point, but Fahti is open to ideas. If he doesn't find a tenant with a concept he likes, he's considering operating a tavern in the space himself.
Construction is already underway, and Fahti hopes to have the build-out complete by the end of the year. "It should be done by Christmas, that is if I can ever get Pepco here," he says.
First things first, neighbors should notice brand new bay windows going in along the length of the exterior within the next couple of weeks.